Follow up
Wilshire tells Cointelegraph how its publicly listed Bitcoin fund will differ from other U.S. competition.
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GBTC News
GBTC is the stock ticker of the Bitcoin Investment Trust (BIT) company, which has become the first public Bitcoin fund. GBTC's price directly depends on the increase in demand for GBTC, which — for its part — might be affected by BTC's price. That actually happened when BIT was launched and the BTC price increased 20 percent. The first official announcement about the appearance of BIT was made in 2015. Fund BIT was founded in 2013 by founder and CEO of Digital Currency Group, Barry Silbert. BIT has become the first fund that trades Bitcoin in a public exchange and has obtained the necessary agreements from regulatory organs and received the official Bitcoin Investment Trust GBTC ticker. GBTC of Bitcoin Investment Trust is an important step on the way to the massive acceptance of cryptocurrency.
- News
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust.
35547 - News
Institutional interest in Bitcoin is experiencing an unprecedented surge, with GBTC alone swallowing up 17% of newly mined Bitcoins.
21285 - Market Analysis
The premium on Grayscale Bitcoin Trust shares has dropped despite the recent recovery in the Bitcoin price. Is this a bearish sign?
27111 - Markets News
Data from Charles Schwab makes it clear that Bitcoin is considered one of the most viable investment opportunities by the younger generation.
8518 - News
Publicly traded Bitcoin fund Grayscale Bitcoin Trust filed a form with the United States SEC to become the first crypto fund to report to the regulator.
4012 - News
The precious metal has gained 27.5% since Grayscale rebranded its website urging investors to dump gold for Bitcoin.
11862 - News
American digital asset manager Grayscale Investments introduced its pro-bitcoin advertising initiative “Drop Gold.”
5199 - Analysis
Merrill Lynch concerned over Bitcoin’s “suitability and eligibility” in its ban for advisors
43281 - Adoption
Simple Bitcoin investments have to wait as NYSE trading application withdrawn.
13628 Cryptocurrency owes its present success to its multidisciplinary nature. Here’s who we have to thank.
39056Bitcoin maintains lead over the competition, but altcoins have one significant advantage.
22446The Bitcoin Investment Trust (GBTC) is currently trading at $927 per share. It represents a price of $10,000 per Bitcoin, almost 120 percent premium on the current Bitcoin price.
63492Despite a few scaling issues with Bitcoin, it is still considered as one of the leading and easily recognizable cryptocurrencies today as investors are having massive gains.
33903The demand toward Bitcoin is also increasing at a rapid rate in the public stock markets. Some ETFs and instruments including Bitcoin Investment Trust are being traded with extreme premium rates.
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